ho lee flock
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  1. #11
    sal
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    Quote Originally Posted by ChimpMaster View Post
    I don't get it, i.e. why did you buy these? Is it a new crypto-currency, an alternative to Bitcoin?

    Are you making or losing money?!
    The so-called altcoins emerge all the time - their only purpose is to exploit punters in a ponzi get rich quick scheme, where they keep buying, creating a demand, which increases the price, which increased the demand. Until someone with good stock market skills dumps a large amount on the market, getting rich in the process. Some times there are 1-2 more peaks and falls each smaller than the previous until eventually the demand dies and the new alt coin is introduced.

    Just like the start-up offering vaporware, often get VC funding then IPO, then the VC cashes in people eventually realise the product/service is worthless.

  2. #12

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    Quote Originally Posted by sal View Post
    The so-called altcoins emerge all the time - their only purpose is to exploit punters in a ponzi get rich quick scheme, where they keep buying, creating a demand, which increases the price, which increased the demand. Until someone with good stock market skills dumps a large amount on the market, getting rich in the process. Some times there are 1-2 more peaks and falls each smaller than the previous until eventually the demand dies and the new alt coin is introduced.

    Just like the start-up offering vaporware, often get VC funding then IPO, then the VC cashes in people eventually realise the product/service is worthless.
    I suppose the investor will face difficulty trying to extract their funds when they come to sell and realize a supposedly large profit in an unregulated market.

    Does seem to have a strong hint of MLM about it...

  3. #13

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  4. #14

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    Quote Originally Posted by sal View Post
    The so-called altcoins emerge all the time - their only purpose is to exploit punters in a ponzi get rich quick scheme, where they keep buying, creating a demand, which increases the price, which increased the demand
    Surely only a simpleton would get involved with such a purchase? Oh wait a minute.....just seen who the OP is.
    All has become clear.


  5. #15

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    Quote Originally Posted by shaunbhoy View Post
    Surely only a simpleton would get involved with such a purchase? Oh wait a minute.....just seen who the OP is.
    All has become clear.

    How did those magic beans work out for you?
    Where there's muck there's brass.

  6. #16
    eek
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    Quote Originally Posted by ChimpMaster View Post

    Re: Swiscoin is a Scam?
    Today at 03:02:20 PM
    *#7

    Swiscoin is a scam and is already removed from coinmarketcap.com if you refresh the page. NEXT...
    Hmm
    merely at clientco for the entertainment

  7. #17

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    Quote Originally Posted by northernladyuk View Post
    How did those magic beans work out for you?
    My Beanstalk shares have gone through the roof.


  8. #18

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    Quote Originally Posted by scooterscot View Post
    $0.525183

    Trades all set up... trying not to pull out my finger nails. No is buying. Probably someone is trying to do a mahosive false purchase or somit.

    No surprises there, then

  9. #19

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    Feel very sorry for Scooter though. It's almost like losing a lottery ticket that had the winning numbers on it.

  10. #20

    Old Greg is my bitch's bitch

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    Quote Originally Posted by shaunbhoy View Post
    My Beanstalk shares have gone through the roof.

    Do you want to sell them to someone I know who could do with a beanstalk to escape from his dodgy hotel room? He'll want a receipt so he can expense it, mind.

    http://www.tripadvisor.com/ShowUserR...n_England.html
    Where there's muck there's brass.

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